Ally Financial Inc (NYSE:ALLY) finished Friday with an addition of $0.05 to close at $26.68, an upside of 0.19 percent. An average of 3,511,020 shares of common stock have been traded in the last five days. There was a fall of -$0.18 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 6,398,370 shares traded, while the 50-day average volume stands at 4,427,616.
ALLY stock has decreased by -1.00% in the last month. The company shares reached their 1-month lowest point of $25.94 on 09/27/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $21.58 and a high of $35.78 in 52 weeks. It has reached a new high 13 times so far this year and achieved 9.12% or $2.23 in price. In spite of this, the price is down -25.43% from the 52-week high.
Valuation Metrics
Ally Financial Inc (ALLY) has a trailing price-to-earnings (P/E) ratio of 7.30. The stock’s beta is 1.32. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.56, the price-to-book (PB) ratio at 0.72, and the price-to-cash flow ratio at 3.74.
The company has a payout ratio of 23.84%. The company’s most recent quarterly dividend payment was $0.30 a share, without any change from last year. Its latest increase dividend $0.05 reported on Tuesday January 11 2022.
Financial Health
Further, the company has a long term debt to equity ratio of 1.12 and a total debt to equity ratio of 1.66 for the quarter ending June 29. Its gross profit as reported stood at $7.76 billion compared to revenue of $10.62 billion.
Earnings Surprise
For the three-month period that ended June 29, Ally Financial Inc had $20.14 billion in total debt. The analyst consensus anticipated Ally Financial Inc’s latest quarter earnings to come in at $0.92 per share, but it turned out to be $0.96, a 4.30% surprise. At the end of the quarter ending June 29, Ally Financial Inc’s stock balance sheet showed total debt was $22.48 billion. Shareholders own equity worth $301.62 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Ally Financial Inc (ALLY) price momentum. RSI 9-day as of the close on 29 September was 39.33%, suggesting the stock is Neutral, with historical volatility in this time frame at 17.44%.
As of today, ALLY’s price is $26.54 -0.67% or -$0.18 from its 5-day moving average. ALLY is currently trading -3.65% lower than its 20-day SMA and +6.46% higher than its 100-day SMA. However, the stock’s current price level is -7.90% below the SMA50 and +3.69% above the SMA200.
The stochastic %K and %D were 18.13% and 13.04%, respectively, and the average true range (ATR) was 0.73. With the 14-day stochastic at 20.88% and the average true range at 0.79, the RSI (14) stands at 42.32%. The stock has reached -0.37 on the 9-day MACD Oscillator while the 14-day reading was at -0.98.
Analyst Ratings
Wolfe Research downgraded Ally Financial Inc (NYSE: ALLY) to a a Peer perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform.
